Set: Entrepreneurship - Chapter 12 Vocab

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All 16 Terms

Term Definition
image the impression people have of your company
preselling influencing potential customers to buy before contact is actually made
campaign a series of related activities or a combination of the two
promotional mix the combination of different promotional elements that a company uses to reach and influence its potential customers
advertising in the paid non-personal presentation of ideas, goods , or services.
specialty item a giveaway such as a pen, cap, or T-shirt printed with a business name or logo
publicity placement in the media of newsworthy items about a company or product
news release is a brief newsworthy story that is sent to the media
public relations activities designed to create goodwill toward a business
premium anything of value that a customers receives in addition to the good or service purchased
rebate a return of part of the purchase price to the customer
sweepstakes simple games of chance
industry average the standard used to compare costs for promotional expenses
cooperative advertising an arrangement in which advertising costs are divided between tow or more parties.
advertising agency a company that acts as intermediary between a business and the media to communicate a message to that target market
customer pretest a procedure in which a panel of consumers evaluate an ad before it runs
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Terms 16
Creator NeilKelty
Created November 7, 2006
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